UN: Business Reform Project In Viet Nam Gets Boost

Business reform project in Viet Nam gets boost with
UN funding

11 August 2008 - The United
Nations Industrial Development Organization (UNIDO), along
with the Government of Norway, is providing $5.2 million so
that businesses in Viet Nam will be able to register more
quickly and efficiently, it was announced today.

Under the
project there will be nationwide access to official
information on businesses, which will be able to register at
63 offices in the country's provinces.

The initiative will
help streamline efforts to boost the country's private
sector, now that Viet Nam is a member of the World Trade
Organization (WTO), according to UNIDO's representative
Nilgun Tas.

"Consolidated registration reform will
contribute to improved transparency in the business
environment, facilitate the implementation of the Enterprise
Law and reduce the transaction costs and risks in executing
business activities in Viet Nam," she said.

"The National
Business Registry will facilitate information sharing
between the ministries and offices involved, reduce
duplicate use of business names and offer web-enabled
services, including on-line submission of registration
applications," she added.

As one of the fastest growing
economies in the world, Viet Nam has cut poverty from 60 per
cent to 20 per cent in little over a decade. Extreme poverty
still exists however, especially in rural areas where 45 per
cent of people still live below the poverty line compared
with nine per cent in the cities.

With a bit of luck the planet won’t be devastated by nuclear war in the next few days. US President Donald Trump will have begun to fixate on some other way to gratify his self-esteem – maybe by invading Venezuela or starting a war with Iran. More>>

ACLU: Step by step, point by point, the court laid out what has been clear from the start: The president promised to ban Muslims from the United States, and his executive orders are an attempt to do just that. More>>